L3 Technologies Increases Quarterly Dividend
February 12 2018 - 4:33PM
Business Wire
L3 Technologies (NYSE:LLL) announced today that its Board of
Directors has increased the company’s regular quarterly cash
dividend from $0.75 to $0.80 per share. The Board has also declared
the next dividend payable on March 15, 2018 to shareholders of
record at the close of business on March 1, 2018.
“Our 14th consecutive annual dividend increase underscores the
Board’s continued confidence in our growth strategy and our robust
cash flow,” said Christopher E. Kubasik, L3’s Chief Executive
Officer and President. “We will continue our disciplined approach
to grow and invest in the company to increase shareholder value,
including returning cash through quarterly dividends.”
Headquartered in New York City, L3 Technologies employs
approximately 31,000 people worldwide and is a leading provider of
a broad range of communication, electronic and sensor systems used
on military, homeland security and commercial platforms. L3 is also
a prime contractor in aerospace systems, security and detection
systems, and pilot training. The company reported 2017 sales of
$9.6 billion.
To learn more about L3, please visit the company’s website at
www.L3T.com. L3 uses its website as a channel of distribution of
material company information. Financial and other material
information regarding L3 is routinely posted on the company’s
website and is readily accessible.
Safe Harbor Statement Under the Private Securities Litigation
Reform Act of 1995Except for historical information contained
herein, the matters set forth in this news release are
forward-looking statements. Statements that are predictive in
nature, that depend upon or refer to events or conditions or that
include words such as “expects,” “anticipates,” “intends,” “plans,”
“believes,” “estimates,” “will,” “could” and similar expressions
are forward-looking statements. The forward-looking statements set
forth above involve a number of risks and uncertainties that could
cause actual results to differ materially from any such statement,
including the risks and uncertainties discussed in the company’s
Safe Harbor Compliance Statement for Forward-Looking Statements
included in the company’s recent filings, including Forms 10-K and
10-Q, with the Securities and Exchange Commission. The
forward-looking statements speak only as of the date made, and the
company undertakes no obligation to update these forward-looking
statements.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20180212006321/en/
L3 TechnologiesCorporate Communications212-697-1111
L3 Technologies, Inc. (NYSE:LLL)
Historical Stock Chart
From Aug 2024 to Sep 2024
L3 Technologies, Inc. (NYSE:LLL)
Historical Stock Chart
From Sep 2023 to Sep 2024